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Visa-backed fintech Branch lays off staff in Nigeria and Kenya despite $30 million profit

Branch International has laid off employees in Kenya and Nigeria despite reporting a $30 million profit, signalling a growing shift among African fintech startups toward leaner operations and profitability

Raccontata datechcabal.comafrica.businessinsider.com

Confronto fonti

2 prospettive sulla stessa storia
AI · summaries
africa.businessinsider.comStai leggendo1 g fa

Visa-backed fintech Branch lays off staff in Nigeria and Kenya despite $30 million profit

Branch International has laid off employees in Kenya and Nigeria despite reporting a $30 million profit, signalling a growing shift among African fintech startups toward leaner operations and profitability

originale
techcabal.com2 g fa

Branch confirms layoffs in Kenya and Nigeria despite profitable year

Branch International, a San Francisco-headquartered fintech, has laid off an undisclosed number of employees in Kenya and Nigeria.

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Timeline cronologica

  1. sabato 23 maggio 2026·techcabal.com

    Branch confirms layoffs in Kenya and Nigeria despite profitable year

    Branch International, a San Francisco-headquartered fintech, has laid off an undisclosed number of employees in Kenya and Nigeria.

  2. lunedì 25 maggio 2026·techcabal.com

    👨🏿‍🚀TechCabal Daily – Layoffs at Branch | TechCabal

    Branch, a Visa-backed fintech that provides micro-lending services, has laid off an undisclosed number of employees in Kenya and Nigeria.

originale
  • lunedì 25 maggio 2026·africa.businessinsider.com

    Visa-backed fintech Branch lays off staff in Nigeria and Kenya despite $30 million profit

    Branch International has laid off employees in Kenya and Nigeria despite reporting a $30 million profit, signalling a growing shift among African fintech startups toward leaner…